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tv   MONEY With Melissa Francis  FOX Business  November 5, 2012 5:00pm-6:00pm EST

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eastern followed by lou dobbs and neil cavuto all night long. i will be live from the nasdaq starting 4:00 p.m. eastern. big guests, big money. david: be able to hold it up after last week? i will try. melissa: so this is it. the final moments of election 2012 are ticking away. we've to the got the latest and greatest from fox news's bill hemmer. he is next to me. romney surrogate diane black is here. former clinton advisor lanny davis on the each of this monumental day. we have every money angle covered. also day 6 since superstorm sandy hits, chaos from gas shortages still reign. we've been hearing this will be over but how long will it take to end. people say the economy doesn't care who is elected president. two all-stars will duke it out. even when they say it's not it is always about money.
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melissa: first up, let's look at the day's market headlines. investors were on cautious footage day before the election. a choppy day of trading eventually led to small gains from stocks. the dow rose 19 points. apple sold three million new ipads over the weekend. ipad mini officially hit store shelves on friday. shares of apple rallied on the news, closing up more than 1%. shares of netflix, jumped 2%, a shareholder plan to prevent a hostile takeover by the company was approved by the board. activist investor carl icahn disclose ad 10% stake in netflix last week. our top story, the day before the big day. obviously all eyes are on the election the final result will have a huge impact on your money. everything from taxes to health care costs. here for a quick roundup, is
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fox news's one and only bill hemmer. thanks for joining us. >> nice to see you, melissa. melissa: all day long i've been in the elevator in the buildings, tell me, off the record, what will happen, who will win, what do you think. >> no one will tell you? melissa: every last one is lying to me and really no one nose. >> i think that, when you go out on the trail and talk to both campaigns as we have quite often over the past six months you will hear for the most part operatives on both sides hedging their own bets. melissa: really. >> because even they don't know. they tell you what, we think we met our number on door knocks. we did better in telephone calls than we did four years ago. all those signs indicate we're doing really well in our ground operation. but we won't go so far as to say our guy will win. with the exception, house speaker john boehner was on a bus tour back in ohio in his home state. he said unequivocally that mitt romney is winner of the
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18 electoral votes in ohio. we'll go ahead and play this for you. melissa: okay. >> then i will explain to you why he believes that. absent of any data. just his gut feeling. here's the speaker. >> just to be clear you're guaranteeing victory for mitt romney in ohio? >> no question in my mind we win ohio. >> it comes back to the economy and boehner's mind. melissa: doesn't you have to say that though? >> you would think that. that was the initial reaction i got from colleagues back at fox, well, of course he will say that. actually not necessarily because you hear all these operatives still hedge their bets and they're not as forceful. why does boehner think that? melissa: yes. >> unemployment rate in ohio is better than the national average. 7% versus 7.9 nationally. melissa: yes. >> he believes the three major support groups for the president four years ago, african-americans, hispanics and young people. he believes conditions for those three groups of americans today are worse now than in 2008. therefore there will be less
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of a turnout from the three groups. melissa: not that they will vote for romney. >> perhaps they will stay home. they won't vote at all that. is still a strong possibility. melissa: how essential is ohio. we keep saying nobody can win without ohio. you have a idea of a way it is possible. >> i have this thing called the billboard. melissa: i've seen the bill board. >> you will see it on election night. it is difficult road for mitt romney to win the white house without ohio but it is not impossible if we have the screen i will show your view years we don't have it. it was too quick. >> what would you see though if we had it, is the electoral college count coming down to 269-269. all right? melissa: yeah. >> and that is even if barack obama wins ohio. melissa: okay. >> and simple fashion, if obama wins ohio, and you work out this 269-269 number, mitt romney has to win florida, north carolina, virginia. right now the polls suggest that seems quite likely.
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then he has to win iowa, colorado, and nevada. melissa: that's a lot. >> to do that you're 269. melissa: that is lot. >> go to house speaker john boehner and house votes. melissa: i see rove in the elevator. come on, tell me. they're like, you know, this could happen. you're like, no, no, tell me who is going to win. >> one more thing on this. i know this is a business show and you're at 7.9% unemployment. if the president does win re-election he will defy economic and political gravity. melissa: that's true. >> the stories that will be written about his ground game, in states like ohio, that he won in 2008 but did not abandon. he still paid staffers to keep the field offices open for the past four years. watch for that story. melissa: that is what, what you mean by ground game, staying there? >> that's right. melissa: hemmer, thanks so much. what an exciting night the next 24 hours. if early voting lines are
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any indication there will be overwhelming turnout. over 90 million people are expected to cast ballots. election firms coast to coast are brazing for potential problems by the way from endless lines at polls to machine errors and ballot counting. with me how the romney camp will tackle any of these issues is diane black and romney campaign surrogate. thank you, congresswoman, for coming on the show. we appreciate your time. big lines are already been a problem and we haven't even started yet. >> well, melissa, this is an exciting time and i think that america is really awakened. i'm wanting to make a change and that's the reason we're feeling so good about this race. we know the momentum has been on mitt romney's side. we're up by 7% with independents. up by 7% in enthusiastic factor. that is the reason you're seeing these long lines. we're feeling pretty good. we have a great ground game there. this is what elections are about, people coming out and
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let voices being heard. melissa: do you worry about voices being heard, when we heard for example, problems in florida, voters cried out in frustration as lines as long as six hours in polling places where people started to vote early. when democrats complained, in person absentee, which is jumbo shrimp, makes no sense but the way they would get through. there were issues. that one, for example, who benefits from the fact they changed the rules at the last minute and leaving polls open in florida? >> well, i think that we want the ballot box to be, have an integrity. i'm hoping that all the way across this nation that will need to happen. of course there will be little glitches here or there. there will be a big turnout. there will always be challenges when there's a big turnout. but i will have the confidence those who are running these elections will be watching those polls. we will have poll watchers out there and that this election will go smoothly. melissa: what about machine errors or lack of paper
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trail for example. also in florida, famous palm beach county, florida, which was famous for the butterfly ballots and hanging chads, who can forget that, they can't read some ballots by voting machine by printing error. they're going through and having people read them and market ballots put them into a machine. does that make you nervous? >> well, always makes me nervous when things don't go as they were intended to go but that will be a part of having poll watchers to make sure we have people at the polls that can make sure the integrity is there. melissa: how many poll watchers are there and what exactly are they looking for? >> there are poll watchers that have the potential being at every poll. of course there is a different mechanism for that in every state that you go to. but, the romney campaign has a great ground campaign going and they're going to make sure we have integrity at the polls. melissa: congresswoman, let me ask you before we go, is mitt romney going to win? >> oh, i think mitt romney is going to win. i really like what speaker
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boehner says. he is out in his own state campaigning and he sees first-hand what is going on. i've seen first-hand what is going on in states like wisconsin and pennsylvania where i have been there campaigning for mitt romney. there is enthusiasm unlike anything i've experienced before. i think the momentum is in our court. i think we'll have more than the 270 required electoral votes and there won't be any doubt, he will be named the winner tomorrow night. melissa: thanks so much for coming on the show. >> you're welcome. thanks for having me. melissa: now turn to the other side of the aisle. joining me now is lanny davis, fox news contributors, former special counsel to former president bill clinton. you heard our last discussion. thanks for coming on the show first of all. what do you make of the long lines we're seeing already when it hasn't officially begun yet? >> first of all i respect the congresswoman's viewpoint greatly. i happen to disagree with it. he is a great advocate for governor romney. he should be good to have
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you. she said something quite true. there is enthusiasm and i hope a high voter turnout benefits america whoever wins and long lines indicate likelihood of a turnout. melissa: do you worry about propriety when you have these kind of long lines and you hear about rules being changed at the last minute to accommodate unruly crowd? do you worry about later either side challenging it. does that undermine the whole system when we're squabbling who won the election afterwards? >> it is nice problem to have we have too many people voting and as the congresswoman points out challenges to handling hoards of people who show up at the polls. we have to be patient. we have to trust. if there are glitches as the congresswoman said i don't believe you can draw extrapolation that there is fraud or anything more than election glitches. glitches have occurred and mistakes in poll having occurred back since the founding of our republican in 1792. i will say only in, 2000, i almost said 1800, did we
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have small glitches amounting to about 600 votes determine who was the president of united states. i'm just hoping we avoid that kind of a nightmare. but certainly possible because there is a lot of conditional ball the loing. for example in the state of ohio, if there's a ballot that anybody challenges, that ballots being not honest or misidentified, that ballot is put aside into a pile called provisional votes. melissa: right. >> in a close election we may have, i hope it is not hanging chads but we may have several days to wait if ohio, i expect it to be a pivotal state. melissa: we look at a race across the nation so incredibly close. when you look at national polls it is basically a dead-heat. then you introduce this lack of a paper trail is another issue we're seeing in a lot of states, in virginia, pennsylvania, they're using touch-screen. so there is no paper trail whatsoever in some cases. in new jersey because of the storm the governor said he will e-mail out a ballot people can download and fill out and e-mail back.
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that seems like rife for hackers or anyone to sort of go in and monkey with the system. are you concerned in an election that is so close that we have these kind of new or, if not questionable tactics? >> well, first of all there has never been evidence of massive fraud that changed an election result. you can, you can accuse people of intentionally misrepresenting but there has never been evidence that caused an election result. there are lots of instances going back to the founding of our republic of mistakes and difficulties in counting ballots, and we had that in 2000. we might have it in 2012. melissa: either way it is problem whether intention or a mistake. i agree with you majority of things we're talking about today would certainly be a mistake but they would still impact the outcome. >> so here's the thing. nothing iser he can if. democracy a messy business and imperfection is inherent in democracy. but you know what? it is better than the
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alternative. there will be mistakes. melissa: okay. on that note will the president win re-election, before you go 100%. >> i called the exact prediction. there you have it. 281 electoral votes. he will carry ohio, to 257. so that is pretty narrow band but i would say this, if i were choosing which side to be on and i would completely neutral, if i were looking at every single major poll that shows a tie or ahead in battleground states which is barack obama position, or the romney position where you have people saying we have momentum, i would rather be on obama. melissa: gotcha. thanks for coming on. next on "money" apparently what you're seeing on the screen counts as relief, the gas emergency in the northeast was supposed to ease by today. really it is doing anything but. we'll talk to a station owner and find out why. plus the victims of superstorm sandy get a helping hand from some of america's biggest companies. aol ceo tim armstrong joins us in a fox business exclusive, on the herculean
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efforts to aid those in dire need. more "money" coming up. don't go away. ♪
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>> they said they wanted me to give away free gas.
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i told them know. we'll take your gas back if you don't give it away for free. i said good, take it back. i was not going to set up the kind of mayhem in new jersey they had across the river. melissa: i bet he didn't say it that politely either. that was new jersey governor chris christie six days after superstorm sandy. residents in new jersey and new york are still struggling to find gas. jersey started a rationing program. fema has been giving away free gas here in new york. you heard new jersey say they don't want it. either way nothing seems to be working. lines to fill up are still more than three hours long and tensions continue to cause eruptions at stations in the area. something has to be done to ease the gas pains and with me on the phone is a gas station owner. thanks so much for joining us again today. you were on the show last week. has anything changed since the end of last week? >> well, you know, things changed a little bit. we have gas right now. i'm pumping gas at my jersey city location, 12th street
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and jersey avenue. we implemented, implementing rationing order, executive order, that was issued by governor christie. only people with wlns plates that end with a, with an odd number. melissa: do you think that is helping or causing more confusion. >> yeah, it definitely helped. my line is not that long right now. you know, the line is only like about 30 minutes instead of a couple of hours. melissa: so when you run out of gas will there be more to fill the tanks so you can keep working do you think. >> that i don't know. i would hope i would get delivery. i'm running pretty low right now at my jersey city location. melissa: what do you think about the governor saying he wouldn't give away free gas as they had in new york? he thought it would cause chaos and would rush people down to get it? >> i think he has a point. he wanted to show the line, keep i had or the early. if you start giving gas away
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for free, it would be a very, very serious problem, you know. i don't think it is a good idea to give gas away at this point because we almost, we almost get over the hurdle, you know. why create more problems. so i think he is right by not doing that. melissa: i'm sorry. someone left my ear open i can't hear. i will ask you another question. when do you think this line is going to clear up, the lines we're seeing everywhere? because a lot of people that i spoke to last week said they thought it was going to be over by the beginning of this week. and that has not been the case. so what is your bet? >> well, my guess it will be over around the middle of the week, you know, if station like mine would get delivery get resupply, the line will be over by the middle of the week. melissa: okay. thank you so much. we appreciate your time. good luck to you there. >> thank you. melissa: fortunately victims
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of sandy are getting a lot of help from individuals and larger organizations. in fact our parent company news corp, donated a million dollars for assistance. internet giant aol is contributing big-time. their ceo tim armstrong loaded up two 18-wheelers with swup price, sent it up the east coast for those who need it the most. tim armstrong in a fox business exclusive. tim, what are your folks seeing out there? are things getting better? >> we have a local product, patch.com. covers 300 communities. 329 have been hit by zones hit by sandy. they have covering editorial and advertising. the at end of the week last week we started to getting notes saying they're out of diapers and baby formula and cleaning product. >> right. >> so on saturday morning a group of aolers self-organized 500 people plus their family showed up at the dulles facility and baltimore facility, i went down and couple executives
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went down and we organized trucks to come. 18-wheelers and went to costco and other providers bought as much as we possibly could. those 18-wheelers are on the road heading to new jersey and long island. they have 1500 boxes in them for 3,000 families total. melissa: wonderful to see people want to get involved and want to help. what do you think of the response from the government so far? for example, as you know, there was a big controversy here in new york last week we in the media were hering from people on staten island saying there is no one here. we are desperate for help and the red cross is not here. that people that are, you see on camera giving out help are not here. what do you think of the response so far? >> i think the response from the government, one, you as information provide, we actually hear from people on the ground. give you example of this as government doesn't get as quickly. we planned to go to a couple different towns. we'll start off in new jersey. we got a editor from the local editor, saying we're okay on supplies you can go to another town now. my guess we get that
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instantaneously. we have people on the ground. if you don't have people on the ground to communicate that quickly, supplies go to the wrong places. it takes more time. this is area private companies, news corp, aol, companies can step in because we have so much information. i think governments are at information gap sometimes. i would say i have seen the red cross. melissa: shouldn't that be their essential thing though? they should be out there responding to help people. >> let me give you one example. i heard from the president of the red cross in the tri-state area. red cross had something specifically out very, very thoroughly through the community doing that stuff. i've seen a lot of fema people out in the towns. one i think is better private public partnership on these items there are certain organizations that are reaching out for that and we're working with them very closely. some actually to their credit, some of the mayors in summit, new jersey, for instance he is holding press conference on patch to basically communicate with residents directly. i think that is the type of public/private thing that will enhance the sandy cleanup and efforts. melissa: would you do that for free going forward?
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if there was some sort of partnership they said, we're great at delivering stuff but we're not great at getting information to figure out where it is there a role for media to come together and provide some free emergency service? >> i think there is a huge role for this. the example of what we're able to provide in these towns we've done 14,000 sandy articles just in the towns affected by sandy in the last eight days. we've had seven or 10,000 "people" up load videos, photos, real time what is happening. if we partner with local governments, publish real time it would be incredibly powerful. take a step back and say one of the things that's been nice about, this i talk to major cpg companies, major retail companies to help us get this effort together. i heard back from everyone of their ceos or executive leaderships who want to help. one thing out there is huge propensity for corporations to want to help in these situations. government and private corporations coming closer to together to help. melissa: that would be a great lesson, a good
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positive to come out of this. corporations are in the position to help. it would be great to figure out a way to do it effectively. thanks for coming on, appreciate your time. >> iran's nuclear program rising every day. does it make a difference? some people say no matter who the president is for the next four years it won't make a difference for the economy. are they insane? that might be the silliest thing i ever heard. we'll take about later on the show. do you ever have too much money? ♪ . follow the wings.
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♪ . melissa: so how will the election affect our foreign policy, specifically with iran? you could bet both iranian president ahmadinejad and the supreme leader will watch tomorrow's outcome
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very closely. my next guest says we could see iran literally change its ways overnight if romney wins. we have a fellow from the american enterprise institute. he joins us now with his opinion on all that. i sort of feel like iran is hell-bent on getting a nuclear weapon and whoever is president will not impact that. do you disagree? >> there is huge difference between governor romney and president obama. the regime in tehran doesn't fear president obama. they believe he is not a credible individual. they believe that president obama is someone who gives concessions to iran, and, by the way, president obama is someone who is not going to use military force against iran. governor romney on other hand, considered a new ronald reagan. they fear him. they believe with governor romney in the white house --. melissa: really? what makes you think they're afraid of governor romney? >> i think that his
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performance in the third presidential debate has made the leadership in tehran realize they are facing a new type of individual who is ready to stand very, very firmly by u.s. allies, particularly israel. and someone who is very different by nature with, compared with president obama. melissa: so what do you think he would do on day one that would stop iran in its tracks? >> he has himself said that he is ready to tough inch the sanctions which are already in place. and, i also believe that it would send sufficient signals to tehran they need to capitulate their nuclear program. they have absolutely no opportunity to once more use the delaying tactics to give some kind of negotiations in order to gain time. let's not forget. right now president obama's government is engaged in
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secret talks with iran. all that sends the wrong signals to the regime in tehran because they believe they can gain time having this kind of negotiations. melissa: i hear you but, say mitt romney were elected and came in with an iron fist. wouldn't that cause them to accelerate the timeline that we better do this quick and because the u.s. is not messing around and they get to the bomb quicker? >> regime has used a different strategy. as a matter of fact, whenever they see an iron fist they actually change policy. for example, in 1988 this regime chose peace with iraq because they knew the united states was not going to allow the islamic republic to win over iraq in the late 1980s. so the leader of iran, grand ayatollah khomeni, chose to drink from the challis of poison to accept peace over continued warfare. this regime is not suicidal.
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they are continuing to think about their survival. if they believe governor romney in the white house would be death and destruction to them they would change their policies. melissa: interesting theory. thanks for coming on. we appreciate your time. >> thank you. melissa: next on "money", some people say neither president obama nor mitt romney will make a difference for the economy if they're elected. i say that is kind of the stupidest thing i ever heard. we'll break down why coming up. election swing states we're live in three of them, election update lightning round. i can't wait for that. "piles of money" coming up. ♪ 4g lte is the fastest.
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so, which supeast 4g lte service would yochoose, based on this chart ? don't rush into it, i'm not looking for the fastest answer. obviously verizon. okay, i have a different chart. going that way, does that make a difference ? look at verizon. it's so much more than the other ones. so what if we just changed the format altogether ? isn't that the exact same thing ? it's pretty clear. still sticking with verizon. verizon. more 4g lte coverage than all other networks combin.
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♪ . melissa: with hours to go polls around the country will open and you will choose our next president. anyone who says tomorrow's
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outcome won't have a huge impact on your money and economy i say, that is nuts. i have two of my favorite pundits and fox contributors here for this one. we'll call it versus khan. monica crowley, talk show host and goddess. chris hahn, former democratic aid to chuck schumer. melissa: mon versus hahn. this all came from a piece out this morning. mark zandi is quoted, the die is cost for much stronger recovery either way. don't matter who wins. we'll see 2% and 4%. when you have two people talking about governing in such different ways with regards to money that is crazy. it can not possibly have the same outcome. monica, ladies first. >> absolutely. the reason we haven't had real recovery but a joke after recovery, that barack obama's oppressive policies suffocated this economy. talking about obamacare. talking about strange you
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lating epa regular lace. we're talking about more taxes, more government dependency. more record numbers of people on food stamps and second numbers on -- the second he is thrown out of office. melissa: got to let him in. >> monica is filibustering but i digress. the economy will recover no mooter who is president. mitt romney will continue many of president obama's programs. melissa: like what? name a couple. >> he will realize very quickly he will need to put government spending out there. he will pass a spending package. won't call it stimulus, will be equally as big it not bigger. >> i don't think so. this is it what governor romney is going to do what he is elected tomorrow night and is sworn in. he will do tax reform, lowering all marginal tax rates and closing loopholes. broading the base. that will create immediately job creation and economic boom. he will tackle entitlement reform the instantly repeal
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obamacare which is the biggest wet blanket on the planet. melissa: i think it is amazing that you think they're going to do almost the same thing. everybody on either side has agreed that these are dramatically different roads there is fork in the road and you choose your path. >> i don't think mitt romney has conviction on anything. if he goes down the road of europe which is austerity spending, we're going to face the same kind of high unemployment, high poverty --. melissa: they're in europe raising taxes and cutting spending. >> governed as a liberal as governor of massachusetts. he will govern as president of the united states. >> liberals always miss the growth part of the equation. you can cut spending as long as you have economic growth coming in you have more money flowing into the treasury. >> that never happened. that never has happened. >> let me educate you. jfk lowered marginal tax rates, boom into the treasury. george h.w. bush did the same thing.
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burr bush did the same thing and ronald reagan and every -- >> george w. bush had the biggest financial crisis since the great depression. george herbert walker bush destroyed the economy. >> let me educate you. jfk, ronald reagan and george w. bush, every single time we lowered tax rates we had economic boom, job creation and more money flowing into the treasury. >> he has to figure out a way to get money into the treasury. we both know lowering tax rates alone will not do that. melissa: she thinks it will. you have to come back with different point. >> monica, there is no evidence to support what you just said. >> i have empirical evidence for deck indicates every single time it has been done it it happened. >> george w. bush's economy was complete and total failure. everybody on the planet agrees with that. >> let me correct that. george w. bush signed two waves of tax cuts into law, 2001, 2003 with bipartisan support. after that we had 54 consecutive months of job creation. >> that 55th month woos a problem. melissa: chris, i want to
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get you on the record. you think mitt romney will continue the same policies, everything he said taking us down a different path we're not going to spend as much, lower taxes, less regulation, that the government shouldn't get bigger, should get smaller all of this is misrepresentation. >> he is the say anything candidate. he wwll be on both sides of every issue. he owes cameron crowe royalties because he is saying anything this entire campaign. he doesn't believe anything he says. why they put paul ryan in the closet and haven't talked about him. >> he is completely wrong. tax reform, repeal of regulatory reform, obamacare. >> he is not winning anyway. melissa: boy, smoking out here. monica we'll see you much more friendlier spare change at the end of the show. >> you got it. melissa: swing states have all the fun. the last minute bless for the votes overtakes nevada, iowa and virginia. the cream of the fox business crop is live from the battlegrounds. we'll hit you with all the latest in an election lightning round. don't go away. at the end of the day it is
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all about money and this election. ♪
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melissa: we have breaking news. new york governor andrew
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cuomo said residents can poll at any polling place by affidavit. that is the way to assure people can get to the polls. these last minute decisions are making me nervous about everyone suing each other after the election. either way there are only 12 hours until the first polls open. we have reporters around the country to get a first happened look at voting in some key swing states. it is now time for money's pre-election lightning round. let's go first to adam shapiro. he is in las vegas. adam, what is the story there? >> well the story here is that a majority of the ridge sterd voters have already cast their ballots in early voting. now that tend to favor democrats. according to the officials here in nevada, 70,000 democrats more than republicans have cast their early ballot. republicans point out that is far smaller number than in 2008. and that republicans show up in larger numbers on election day. so some people are saying that nevada is swinging towards president obama but clark county is ground zero. that is where las vegas is.
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and they are still facing some of the highest unemployment in the nation. that is playing big among the electorate here. back to you, melissa. melissa: thanks so much. let's go over to rich edson live on the ground in iowa. what are you seeing there in des moines? >> hey, melissa. this according to aides is the final stop for president obama on the 2012 campaign trail. he started the day in madison, wisconsin. he just wrapped up in lump bus, ohio. the point he is making melissa, his economic argument look, he inherited a mess in 2009. he helped move the country. and continue that progress that needs to be reelected. he is creating a bit of proxy campaign tying his economic record and policies to those, or really policies of bill clinton and those of governor mitt romney to those of george w. bush and asking voters to choose between the two. those in the obama campaign say they think the president obama is not only going to win electoral vote but will win the popular vote. they say they have a small,
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yet very consistent steady lead in number of battleground states to win this thing. they're projecting very much a source of confidence on this one thinking they will win tomorrow. melissa: everybody seems confident right now. it is amazing. >> right, right. melissa: grow to ashley webster. he has the latest from richmond, virginia. what is the latest there, ashley? >> yeah, hey, melissa. virginia traditionally has been a stronghold for the republican party but president obama won this state back in 2008. as we speak, the latest polls show a statistical dead heat between the president and mitt romney. we're also following a senate race here, a very fiercely contested senate race between democrat tim kaine and republican george allen. more than 70, that is 7, 0, million dollars spent on this race, second only in the amount of money to the presidential race. both sides seeing this could be a vital state. there are 13 electoral votes in virginia by the way.
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yes, all eyes on ohio but virginia could prove pivotal for both candidates come tomorrow night. interestingly, virginia's demographics have changed. at one time as we say was strong gop land and coal country and rural country but now things have changed. there's a strong military presence on the east coast which you would figure would favor the gop. but it is the northern virginia suburbs, the government workers, that really changed the political landscape of virginia. as we speak, it is a complete toss-up, both in a senate race and the presidential race, melissa. back to you. melissa: wow! thanks, guys. i can't stand being couped up in the studio. i will jump into the fray tomorrow as well. i will be reporting live all day from tampa, florida. first from a polling station. then i will go to a vote processing center to help you bring you all the latest on everything election related. i can't stand it. i have to be out there and be a part of it. the country's most important
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swing voter cast his ballot. details who homer simpson is throwing his support behind. that is coming up next. you can never have too much money and a little fun. ♪ i'm a conservative investor. i invest in what i know. i turned 65 last week. i'm getting married. planning a life. there are risks, sure. but, there's no reward without it.
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♪ . melissa: so time for spare change. election edition.
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back with us, monica crowley and chris hahn. they made up in the greenroom. they came back and now they're best friends. it is all good. melissa: for those who didn't see it bass night check out who homer simpson voted for president. >> i don't know. i already got one wife telling me to eat healthy. plus he promised me death panels and grandpa is still alive. mitt romney, i hear he wears magic underpants. i expect the leader of the free world to go commando. his horse totally choked at olympics. on the other hand he did invent obamacare. melissa: all right. what do you think about homer's thoughts before he made his decision. seemed pretty fair and balanced to me. had good criticisms everybody. i think what homer simpson is going to do is vote for mitt romney. he made it by choice. melissa: interesting. what do you think. >> you proved my point in the last segment that mitt romney. [talking over each other]
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melissa: next, europe largest bedding company is actually already paying out early to punters that bet on president obama in tomorrow's election. they believe it is a done deal and that obama is a certain wind. however, they have a track record for being wrong. they paid out when they thought tiger woods won one of the masters. they already paid and could not get the money back. >> absolutely, and this is a very dicey proposition. chris and i are here, talking about the race. i believe romney will win. he thinks obama. the truth is, who the hell knows one hundred plus million people. >> you never know what will happen. >> if you're going to put money on this that is a dicey thing. by shoes. >> a safe bet that obama will win, but it is within three points. we are up by a field goal with two minutes left to play 56 know. i read the elevator all day with all kinds of people in this
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building, and no one's think -- pinkston knows who is going to win. that is why we're all watching. in a related story, traders are collectively thinking that obama will wind. the history of accuracy. they also predicted the last presidential election, although that was not really that close. do you buy their production? >> no. we shall see. we shall see. maybe you could make money betting the other way. melissa: that's right. >> look. i think they're right. i think they're right on the money. melissa: i don't know. other a lot of people out there putting on this? >> to are these degenerate gamblers. donate to a candidate. melissa: and even better question. there are not enough things out there to bet on that you have to bet on the election as well. >> so much money it you can spend the you can bet on an election. >> very interesting because so many of these polls are based on
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the 2008 model. >> no. >> a serious point. 2008 was an anomalous election year because barack obama was such an extraordinary candidate with such an extraordinary time. the polling could be way off tomorrow night. >> listen up, america. >> a lot of these are based on what you're seeing in terms of polls. >> when you start criticizing the polls you know you lost. >> i was not criticizing. >> criticizing the methodology. one or two balls can be off, but not all of them. melissa: the last time i use number of newspapers that endorse president obama have jumped ship to. there are now 30 newspapers that have switched sides and are endorsing mitt romney this time around. that is a pretty big deal, especially when you look here in new york. you know, the daily news was very much a left-leaning paper. came out and swap sides. i mean, how would you? i will let you go first because you're so adamant in your position, but how would you
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explain newspaper switching sides? they're not doing it to be cool. >> i have a question for you? what is a newspaper? what is that? melissa: they're all over the building. i still get them delivered every morning. melissa: newspaper or on line, they still endorse the same guy. it's not like this said one thing in the paper and their online -- >> mega corporations, they have done more to the right. melissa: they are not to the right at all. they are not to the right and all. >> chris once again has gone. newspapers are on the right. there are few, but not that many the days of newspapers and endorsements having sway over voters has long passed. what i think is interesting this time around is that these editorial boards are reflecting their, reflecting what is going on the ground, not just the -- >> older people who still read newspapers. melissa: trying to court the people who already buy the paper. just reflecting what they think. to me it is not t

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